Interested in Language
It is a salutary reminder, in what are tough times for shipowners and shipyards alike, of the importance of keeping lines of communication open and being transparent in commercial dealings.
I will change the sentence around, so to speak.
My understanding is as follows:
In times that/which are tough for shipowners and shipyards alike, it is a salutary reminder of the importance of keeping lines of communication open and being honest in commercial dealings.
Do I make sense of the sentence?
Yes, that's right.