[MC-244696] Nether Lag-Crash When Entering

30% of the time a player enters the Nether on our vanilla server the game lags for 20-30 seconds. A few times it has lagged to the point of causing a crash.
[14:50:03] [Server thread/INFO]: Kamidyrd has made the advancement [Those Were the Days]
[14:51:45] [Server thread/INFO]: Kamidyrd was slain by Piglin Brute
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -10.19447996849621,0.0,2.0279671510116373
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -10.5871812920644,0.0,2.1038132245411987
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -10.979898260362972,0.0,2.179599773915413
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -11.372629308918476,0.0,2.2553327515512365
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -11.765373029704904,0.0,2.331017514623767
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -12.158128155498872,0.0,2.4066588845904846
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -12.55089354579934,0.0,2.48226120076302
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -12.781110942947294,0.0,2.5578283685217116
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -12.781110942947294,0.0,2.6333639027087656
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -12.82039745210352,0.0,2.7088672004136356
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -12.895041818563698,0.0,2.784341485285296
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved too quickly! -13.001508255754402,0.0,2.8597896586077525
[14:52:30] [Server thread/WARN]: Can't keep up! Is the server overloaded? Running 8304ms or 166 ticks behind
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved wrongly! 0.35550361289662646
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved wrongly! 0.5163857889122312
[14:52:30] [Server thread/WARN]: Boat (vehicle of NewYearEves) moved wrongly! 0.7004662526467769