Company: BLUWU
Filing Date: 2025-02-20
Form Type: S-1
Source: 0001493152-25-007630
Chunk: 331

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-02-20
Form: S-1
Chunk 331
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 in the offering made by the undersigned registrant to 
 the purchaser.                                                                             |

| II-4 |

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Greenwich, Connecticut, on the 19th day of February, 2025.

| Blue                        
 Water Acquisition Corp. III |                   |
| By:                         | /s/               
 Joseph Hernandez  |
| Name:                       | Joseph Hernandez  |
| Title:                      | Chief             
 Executive Officer |

<div align='center'>POWER OF ATTORNEY</div>

KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Joseph Hernandez and Martha F. Ross, his true and lawful attorney-in-fact, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities to sign any and all amendments including post-effective amendments to this registration statement and any and all registration statements filed pursuant to Rule 462 under the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, hereby ratifying and confirming all that said attorney-in-fact or his substitute, each acting alone, may lawfully do or cause to be done by virtue thereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

| Name             
 /s/              
 Joseph Hernandez |     | Position                         
 Chief                            
 Executive Officer and Director   |     | Date              
 February          
 19, 2025          |
|:-----------------|:----|:---------------------------------|:----|:------------------|
| Joseph           
 Hernandez        |     | -principal                       
 executive officer                |     |                   |
| /s/              
 Martha F. Ross   |     | Chief                            
 Financial Officer                |     | February 19, 2025 |
| Martha           
 F. Ross          |     | -principal                       
 financial and accounting officer |     |                   |

| II-5 |