According to CoinMeta, on Friday, the Baltic Dry Freight Index (BDI) ended a seven-day consecutive rise due to declining freight rates for large capesize ships, but the index still recorded a weekly increase for the fourth consecutive week. The BDI index fell by 40 points, or 1.3%, to 2980 points, marking a 4.4% weekly increase. The Capesize Freight Index (BCI) dropped by 117 points, or 2.4%, to 4719 points, despite a 5.8% weekly increase for the fourth consecutive week. The Panamax Freight Index (BPI) saw a slight rise of 1 point to 2118 points, reaching its highest level since October 22nd, and continued its upward trend with a 4% increase for the second consecutive week. The Ultra-Lightweight Dry Bulk Freight Index (BSI) rose by 5 points, or 0.3%, to 1836 points, also reaching its highest level since November 3rd.