Camera & location info: http://hdrphotographer.blogspot.com/2015/02/sunrise-on-fuerteventura.html
This is quite an old photo that I processed not that long time ago (you know with photo library containing thousands of photos it's quite easy to fall behind). This was pretty tricky photo that required me to use slightly different workflow that I normally use. Most of the time I load photos into Photomatix, merge them to HDR, tone-map resulting HDR image and then I work further on tone-mapped image in Photoshop to improve contrast, colours and clarity.
However, in this case moving water was quite tricky to get it right - there were a lot of ghosts in the HDR image. So instead I used manual blending using luminosity masks and simply masked water from one of the source exposures.