MiShanks

MiShanks is the slash ship between Dracule Mihawk and Shanks from the One Piece fandom.

Canon
Anime/Manga= Dracule Mihawk and Shanks are old rivals and seemingly friends. How they met is not clear, but it was made apparent that Mihawk regularly sought out Shanks to duel him, as he believed Shanks was a worthy rival to his status as the "World's Strongest Swordsman", however Mihawk no longer took an interest in fighting Shanks after he lost his arm saving Monkey D. Luffy. It was said, according to Whitebeard, that their duels would echo around the Grand Line such was their ferocity. Mihawk retains a neutral, though somewhat friendly relationship with Shanks, and can track him down if the need arises.

The two differ quite a bit in personality. Shanks is more energetic, carefree, and a party fanatic, Mihawk is more reserved, quiet and cold. Nonetheless, Shanks is very cordial to Mihawk despite this and convinced him to have a drink after Mihawk brought news of Luffy's first bounty poster to him. Whilst Mihawk had established himself as being extraordinarily powerful in his own, he implied, following Shanks' arrival at the Battle of Marineford, that fighting against him would be a lost cause for the Marines, and at least for him, very difficult.

Both of them have taken an interest in Luffy, and it was Shanks that first mentioned Luffy's name to Mihawk. Shanks is responsible for Luffy's adventure as a pirate, and he came to see Luffy as a very unique person that would change the world. Mihawk has also come to a similar conclusion, as during his attempts to kill Luffy at the Battle of Marineford, in which he dominated, he noted how fate seemed to favor Luffy when one after another Luffy's powerful allies interfered in his attempts to take down the Straw Hat captain. Mihawk even mused out an apology to Shanks during the battle at Marineford, where he declares that he will not be holding anything back against Luffy right before going after him. When Shanks showed up during the Whitebeard War, Mihawk left the battle, stating that battling Shanks was beyond the scope of the World Government's agreement.
 * -|Netflix=

Worst in the East
Mihawk walks on a beach up to a sleeping Shanks and his crew. He says it's an unusual place to find a man of Shanks' stature, as Shanks' crew readies their weapons. Shanks turns to see that it's Mihawk and tells the crew to put down their weapons, as Mihawk is a warlord of the sea that they should show respect to. Shanks says he's not in the mood for a fight due to his hangover, but Mihawk says he's not there for a fight, especially with Shanks only being half the man he used to be. Shanks says that he could still take him, and starts joking about how he could even do it with one arm tied behind his back. Mihawk then says he ran into a boy Shanks mentioned long ago, and hands him a scrolled up piece of paper. He unrolls it and Shanks is excited to see that Luffy has officially made it as a pirate captain, with a bounty on his head. Shanks says to bring out drinks in celebration and Mihawk points out that he's hungover. Shanks tells him to lighten up and to drink with them, Mihawk deciding that one won't hurt.

Fanon
The ship enjoys a fair amount of popularity. Both characters are considered ominous figures that rarely get screen time, but leave big impressions when they do. Their friendship existing despite having opposing personalities has become a major source of intrigue for shippers and creates an attraction to the pair.

Conversely, the pairing is subject to intense debates amongst fans of the series, particularly who is stronger. Whilst Shanks enjoys high status within the One Piece world, being an Emperor of the sea, and is both fierecly respected and feared by many. Mihawk holds the title "the world's strongest swordsman", which has shown to carry significant weight in its own right, and the fact Shanks himself wields a sword gives credence to the possibility that Mihawk is stronger.

Rival ships exist between the characters. Mihawk can often be paired with Zoro or Perona, while Shanks can be paired with Makino and Buggy.

On AO3, MiShanks is the most written ship for Mihawk and the second most written for Shanks. There are currently 600+ written works.

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Trivia

 * Shanks and Mihawk share a birthday on March 9th.
 * Shanks is commonly known as "Red Hair" while Mihawk is referred to as "Hawk Eyes". Nicknames for both were born from their well-known characteristics.