It's a playful, familiar greeting used among friends. Directly translated it would mean 'What's up, Ramon, with the shrimp?' but the phrase doesn't have a literal meaning. It's used to ask someone how they are or what's new in their life.
Examples
- Spanish: ¡Hola, amigo! ¿qué ondón Ramón, con el camarón?
- English: Hello, buddy! What's up, Ramon, with the shrimp?