Beautiful pano of a lovely sunset. I would probably bring out the rocky shoreline a bit, especially the distant part in the centre of the pano. The shoreline carries lots of detail and that is lost a bit in the darkness. Just my 2c worth.
A very nice panorama. Nicely composed and exposed. What drone?
ThereS an issue with multi-exposure compositions involving waves. They move between exposures. With smaller waves or chop, it's often not noticeable. Even with the larger waves here, it's not excessively distracting from a fine photo.