What happens in act 2, scene 8 of The Merchant of Venice?

Act 2, Scene 8 is a conversation between Salerio and Solanio, revealing events which have transpired while Scene 7 was taking place.  Shylock is furious because his daughter has run off with his money and Lorenzo.  Bassanio's ship has set sail for Belmont, and another ship has been wrecked in the English Channel.  Salerio and Solanio know that Antonio is sad because Bassanio has departed, and they will try to raise his spirits.