Nowadays: faster - maybe, noticeably - I doubt it.
> supercomputers have better-optimized Fortran compilers than C compilers
I don't know about supercomputer compilers but mainstream compilers usually have the same backend for FORTRAN and C (as well as other implemented languages).
> created a great deal of high-quality legacy Fortran code that nobody feels an urgent need to port into C
Optimized and tested FORTRAN code - maybe, but not high-quality. I've seen some of it, FORTRAN makes it difficult to write readable, maintainable code. For this reason even scientist are rewriting their tools and libraries (that also require good performance) in C++: for example see Pythia, GEANT, cern root.