One more thing, when boat is halted and if I pan camera with mouse left or right, there is not that strange effect. However if I pan it up/down, then the effect jumps in. Now if I have vsync disabled, I also get strange "line" which can be seen in sky graphics, but when I enable it, that line disapperars but the water effect doesn't. So I guess that vsync is working as supposed and I don't know if this problem has anything to do with vsync, but it definetely relates to camera movement when panning up/down. Now is that vertical or horizontal, I can't remember. I thing my head is gonna explode in a moment...
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