What is the use of draft bill of lading?

A draft bill of lading serves as a preliminary version of the official bill of lading, providing a detailed description of the cargo being shipped and the terms of transportation. It is typically created before the final document is issued, allowing parties involved to review and negotiate the terms. This document can help facilitate communication between shippers, carriers, and consignees, ensuring that all parties are aligned before the actual shipment. Additionally, it may be used for securing financing or insurance until the final bill of lading is issued.