And that it is not related to the hiatus in temperature increase? Climate scientists have been puzzling over the decrease in the rate of sea level rise over the last decade. A report in Nature Climate Change says that the rate of SLR decreased to 2.4 mm/year over the decade 2003-2012 compared to 3.1 mm/year over the period 1993-2002 according to the Reuters summary. The slowdown is not due to the hiatus but due to rainfall pattern changes which put the rain onto land masses such as the Amazon, Australia and the Congo. The climate change signal is still there. The researchers also indicated the missing heat was in the deep waters of the oceans. Expect a rebound.
This slow down in sea level rise is due to something not often mentioned, natural variation. Another report of the article with the abstract can be found here.
With all the reports of drought, I seem to recall that the heavy rains in Australia were in 2010.
So, the usually ignored or non-existent decrease in the rate of sea level rise is caused by natural variation in rainfall patterns and not by the non-existent hiatus in temperature rise which is caused by volcanic activity. I think I understand.