I do not believe it is technically feasible to "properly" fix this, not without co-operation from the engine. However, there is a possible alternative: just make the strings a bit sparser, a bit wider. IMHO, that would even closer fit the art style of the game.
Inventories on boats/mounts are kinda broken in multiplayer, cause lots of inventory desyncs if multiple people are interacting, for example, when trying to load a boat together.
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