The Baltic Exchange’s dry bulk freight index (BADI) increased by 19 points, or 0.7%, to 2,863 on Friday, ending a four‑day decline, while posting a 7.3% loss for the week. The capesize component rose 69 points, or 1.5%, to 4,538; average daily earnings for capesize vessels, which typically haul 150,000‑ton cargoes such as iron ore and coal, rose $627 to $37,652, although the capesize index recorded an 11.5% weekly decline. The panamax component fell 34 points, or 1.5%, to 2,228; average daily earnings for panamax vessels, usually carrying 60,000‑70,000 tons of coal or grain, dropped $306 to $20,055, contributing to a 3% weekly fall for the panamax index. Iron ore futures advanced as Chinese port inventories decreased, the People’s Bank of China injected fresh liquidity, and signs of recovering steel demand lifted market sentiment.