An exact three dimensional fully-coupled hydro-elastic analysis for transient liquid sloshing in a partially-filled vertically-standing flexible circular cylindrical shell container fitted with a freely floating smart piezo-sandwich thin elastic circular plate is presented. The problem formulation is based on the linear water wave theory, the classical (Kirchhoff/Sanders) thin plate and shell models, Maxwell's equations of electrodynamics, Stokes’ transformation, and eigen-function expansions in cylindrical coordinates. The control action is achieved by combined volume displacement and volume velocity feedbacks (VDF, VVF) implemented in a second order active damping (AD) compensator via two competent evolutionary heuristic optimization techniques that systematically tune the controller gain parameters while constraining the floating panel displacement and control voltage. The uncontrolled and controlled transient responses of the coupled hydro-elastic system under various external disturbances (i.e., a harmonic base excitation, a real seismic event, a severe launch vehicle liftoff event, and a distributed impulsive transverse load on the floating panel) are calculated by means of Durbin's numerical inverse Laplace transform scheme. Moreover, the free vibration characteristics of the coupled fluid/structure interaction (FSI) system are briefly studied. The superior performance of the proposed active floating roof control configuration in effective suppression of the key hydro-elastic parameters (panel displacement, and shell displacements/stresses) is demonstrated. It is also found that, in the current FSI control problem, the Multi-objective Particle Swarm Optimization (MOPSO)-based ADC outperforms the Non-dominated Sorting Genetic Algorithm (NSGA-II)-based method, in terms of convergence rate and computational effort. Limiting cases are examined and the precision of results is verified by comparisons with the existing data as well as with the results produced by a commercial finite element package.