It's an expression that pirates say in fiction stories. In Standard English, it would be "shiver my timbers", but pirates replace "my" with "me", so they say "shiver me timbers". It's a way to express shock.
If you want to know its literal meaning, "timbers" refers to the wood of the ship, and "shiver" refers to when the ship shakes when there are big waves, which shocks the pirates.
It's not an expression that's used in real life. It's just an imaginary expression that's used when writing stories about pirates.