Over at The Conversation Andrew Glickson asks Fact check: has global warming paused? citing an old Skeptical Science favorite graph, and that's the problem; it's old data. He writes:
As some 90% of the global heat rise is trapped in the oceans (since 1950, more than 20×1022 joules), the ocean heat level reflects global warming more accurately than land and atmosphere warming. The heat content of the ocean has risen since about 2000 by about 4×1022 joules.

To summarise, claims that warming has paused over the last 16 years (1997-2012) take no account of ocean heating.
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Figure 3: Build-up in Earth’s total heat content. http://www.skepticalscience.com/docs/Comment_on_DK12.pdf

Hmmm, if "...ocean heat level reflects global warming more accurately than land and atmosphere warming..." I wonder what he and the SkS team will have to say about this graph from NOAA Pacific Marine Environment Laboratory (PMEL) using more up to date data from the ARGO buoy system?

Sure looks like a pause to me, especially after steep rises in OHC from 1997-2003. Note the highlighted period in yellow:

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From PMEL at http://oceans.pmel.noaa.gov/
The plot shows the 18-year trend in 0-700 m Ocean Heat Content Anomaly (OHCA) estimated from in situ data according to Lyman et al. 2010. The error bars include uncertainties from baseline climatology, mapping method, sampling, and XBT bias correction.

Historical data are from XBTs, CTDs, moorings, and other sources. Additional displays of the upper OHCA are available in the Plots section.
As Dr. Sheldon Cooper would say: "Bazinga!"