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Shield Tanking
Overview
Shield Tanking is the most common defensive method used by Caldari and Minmatar pilots, as well as some Gallente, and even a few Amarr capsuleers. Understanding how your shields absorb damage and how they regenerate can be essential for your survival in EVE.
Advantages
Shields heal themselves over time at a natural recharge rate. Armor and Hull damage taken is going to sit there until it is repaired.
After shields are exhausted there is still some armor and hull remaining, leaving a little more room for error.
Active shield boosters repair faster than active armor repairers, meaning you can effectively tank more incoming DPS
Shield tank modules & rigs don't affect your speed or maneuverability, thus keeping you fast and agile.
Low slots are left free for damage modules, etc.
Disadvantages