Lord, don't tell me a JW actually interpreted that scripture correctly!? *faints*
Yes, it says to assign honor as to a weaker vessel, which means to treat the women in your life with more courtesy and respect than you do men, which is nothing bad. A weaker vessel, Paul goes on to explain, is often more precious and of more value.
So, it simply means to quit treating women like something merely to satisfy your needs and be a nice guy. Paul was married once, he probably knew how far you get with women treating them without consideration, which is nowhere! LOL
The fact that men have sometimes used these words to treat women like they're of less value than men is not only piggish, it's a total misapplication.