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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DfN4TgQZhIE93GiTes6zdSo/DYRI74iPMcc/6COVJoN+aeDp2KdfQnCpUJXE/8Dt
 28vWldqZ/a7jBVQ+LkrHug==

<SEC-DOCUMENT>0001179110-07-018998.txt : 20071001
<SEC-HEADER>0001179110-07-018998.hdr.sgml : 20071001
<ACCEPTANCE-DATETIME>20071001130809
ACCESSION NUMBER:		0001179110-07-018998
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070927
FILED AS OF DATE:		20071001
DATE AS OF CHANGE:		20071001

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SHANGHAI CENTURY ACQUISITION CORP
		CENTRAL INDEX KEY:			0001326710
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			F4
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		23RD FLOOR SHUN HO TOWER
		STREET 2:		24-30 ICE HOUSE STREET
		CITY:			CENTRAL HONG KONG
		STATE:			F4
		ZIP:			00000
		BUSINESS PHONE:		852-2854-8989

	MAIL ADDRESS:	
		STREET 1:		23RD FLOOR SHUN HO TOWER
		STREET 2:		24-30 ICE HOUSE STREET
		CITY:			CENTRAL HONG KONG
		STATE:			F4
		ZIP:			00000

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ATORKA GROUP HF
		CENTRAL INDEX KEY:			0001405943
		STATE OF INCORPORATION:			K6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32860
		FILM NUMBER:		071145032

	BUSINESS ADDRESS:	
		STREET 1:		HLIDASMARI 1 201
		CITY:			KOPAVOGUR
		STATE:			K6
		ZIP:			00000
		BUSINESS PHONE:		354 540 6200

	MAIL ADDRESS:	
		STREET 1:		HLIDASMARI 1 201
		CITY:			KOPAVOGUR
		STATE:			K6
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-09-27</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001326710</issuerCik>
        <issuerName>SHANGHAI CENTURY ACQUISITION CORP</issuerName>
        <issuerTradingSymbol>SHA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001405943</rptOwnerCik>
            <rptOwnerName>ATORKA GROUP HF</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>HLIDASMARI 1</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>KOPAVOGUR</rptOwnerCity>
            <rptOwnerState>K6</rptOwnerState>
            <rptOwnerZipCode>201</rptOwnerZipCode>
            <rptOwnerStateDescription>ICELAND</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Ordinary Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2007-09-27</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2007-09-27</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>12700</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>8.127</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3590770</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <ownerSignature>
        <signatureName>/s/ Arnar Mar Johannesson, Chief Financial Officer</signatureName>
        <signatureDate>2007-09-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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