Closeup:
Refraction is affecting that body of water.
ROTFL... sorry, but this is quite obvious to me:
I've seen this many, many times on Adriatic Sea. That 2 black dots, you see another white dot below them, is a fisherman's buoy.
That's quite typical, two black quadratic vanes on top of a small white buoy.
Ask anyone who sailed Adriatic Sea...
The back-bottom of the boat has sky under it and the front-bottom of the boat does not line up with the rest of the boat. What ever are you talking about?
A. It's an oil tanker and you'll see "sky" under the stern, below the aft deck housing/superstructure on such ships when not laden. The fact that the bulbous nose is prominently above the water line is another clue.
B. Looking at the nautical charts in that area, that appears to be a navigation cardinal marker, not something being mirrored.
If it's the western marker (which I believe it is) then those two black dots are triangles pointing toward each other, and the shuttle tanker is southbound, probably about 4-6 miles away from videographer's final shot location and the Turning Torso would be 23-25 miles further in the distance.
I'm not seeing any of the refractive effects at that nearby range that Tom is trying to see. Certainly nothing that's going to contribute to hiding or compressing the lower 371 ft the tower into a thin line and leaving the upper 252' only marginally stooped.
Minutes later, by merely increasing the vantage point ~50' in elevation 166' of tower is restored to sight while leaving 205' still drastically squashed somewhere on that boundary between the earth below and the rest of the nearly undistorted upper tower above.
I wonder what that would that extreme and rapid rising and falling of such a phallic structure would look like in a time lapse video. (Bet it would go viral.)
I can find stills of a lighthouse appearing to squat, loom and tower, but only over the course of different days. And instead of the dramatic demarcation between compressed/distorted bottom and nearly un-distorted and visible top (giving the illusion of being cut-off by the horizon), the whole lighthouse is distorted, with squashed or stretched. It's just seems improbably coincidental that such refractive phenomenon should follow changes in observation distance and elevation.